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प्रश्न
Study the following case/situation and express your opinion.
Mr. R holds 100 shares of Peculiar Co. Ltd. in Demat mode :
- He wants to transfer one share each to his wife, daughter, and son. Can he do so?
- Does he need to submit DRF or DIS if he wants to transfer his shares?
- Can he nominate his wife in his Demat account?
उत्तर
- He can transfer one share each to his wife, daughter, and son if they also have a Demat account.
- A DRF is a Demat requisition form. The shares held by Mr. R are already in Demat form. So, he has to submit DIS i.e. delivery instruction slip to transfer his shares to his family.
- Every depositor at any time has the right to nominate any person as a nominee in the event of his/her death. So, Mr. R can nominate his wife.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
There is no payment of ______ when securities are demated.
Write a word or a term or a phrase which can substitute the following statement.
This system eliminates storing of certificates.
Write a word or a term or a phrase which can substitute the following statement.
The registered owner of securities.
State whether the following statement is true or false.
Bad delivery is likely in Depository System.
State whether the following statement is true or false.
DRF is required for conversion from physical to electronic.
Find the odd one.
Select the correct option for the following.
____________ Rematerialisation
Correct the underlined word and rewrite the following sentence.
Storage of Certificates is not required in Physical mode of holding.
Correct the underlined word and rewrite the following sentence.
Securities are fungible in Physical mode.
Study the following case/situation and express your opinion.
Mr. Z holds 100 shares of Peculiar Co. Ltd. in Physical mode and wishes to convert the same in electronic mode :
- Mr. Z holds a Saving Bank Account with CFDH Bank Ltd. Can he deposit his shares in this account for Demat?
- What type of account is needed for the same?
- Is it the RBI which will be the custodian of shares of Mr. Z after demating?
Study the following case/situation and express your opinion.
Mrs. Z wishes to open a Demat account in her name :
- Can she open the account by going to the Mumbai office of NSDL?
- Is she required to pay for the opening of the account and its maintenance?
- Does she have to send the shares to the respective company for demating?
Explain disadvantages of physical mode of holding securities.
Study the following case/situation and express your opinion.
| Mr. Satish holds 100 shares of Raj Company Ltd. in physical mode and wishes to convert the same into electronic mode: |
- Mr. Satish holds a Savings Bank Account with SBI Can he deposit his shares in this account for demat?
- What type of account is needed for the same?
- Is the RBI which will be the custodian of shares of Mr. Satish after demating?
